SBA 504 Loans
Introduction
SBA 504 Loans Program is offered by the St. Louis Economic Development Partnership through the United States Small Business Administration (SBA). We partner with the SBA and a bank or credit union to provide businesses with better financing options for their real estate or equipment purchases. The Partnership is authorized to make SBA 504 loans throughout the entire State of Missouri, as well as the Illinois counties located in the St. Louis metropolitan area.
Program Advantages
- Up to a 25-year fixed rate and term
- Low down payment (typically 10%)
- Below market interest rates
- Safer option for lenders
- Easier for small businesses to qualify for
For more information call 314-615-7663 or email [email protected].